Bitcoin fell below $64,000 after briefly rising above $65,000, pressured by renewed US-Iran tensions. Iran threatened to keep the Strait of Hormuz closed until 2029 unless the US lifts its naval blockade, escalating geopolitical risks. This uncertainty pushed Bitcoin down about 1.78% in 24 hours and weakened the broader crypto market, with over $50 million in long positions liquidated. Meanwhile, oil prices rose due to the strategic importance of the Strait, and investors await upcoming US inflation data that could further impact markets.
Tractor Supply's CEO, Lawton, purchased 15,600 shares of the company for $501,540 despite the stock having declined 44%. This insider buying signals confidence in the company's future prospects even as the stock price has fallen significantly. Such m...
Invesco Ltd. announced preliminary assets under management (AUM) of $2.447 trillion as of July 31, 2026, reflecting a 0.9% decrease from the previous month. The decline was mainly due to unfavorable market returns which reduced AUM by $59 billion, al...
Simon Property Group (SPG) is recommended as a strong buy for investors seeking defensive positioning as market uncertainties increase and the bull market matures. SPG's strengths include its large scale, diversified portfolio, strong credit ratings,...
Bitcoin fell 1.68% as hopes for a Strait of Hormuz resolution faded after Trump demanded 50 years of compensation from Iran, pushing oil prices above $89. XRP faces pressure, nearing a drop below $1 for the first time in 2024. Crypto and equity marke...
Riot Platforms announced a $9.1 billion, 20-year deal to supply AI data center capacity to Anthropic, with potential extensions up to $16.1 billion, driving a 20% premarket stock surge. Plug Power's shares rose 11% after beating Q2 expectations, impr...
